Skip to content
Solved
SearchBrowse
Sign in

Contents

Official guidance
Business Income Manual

BIM50700 · Authors and literary profits

  • BIM50701 · Introduction
  • BIM50705 · Receipts
  • BIM50710 · Awards and bursaries
  • BIM50720 · Deductions
  • BIM50725 · Royalties to person other than author
  • BIM50740 · Post-cessation receipts
  • BIM50745 · Gifts of literary works
  • BIM50750 · Averaging
  • BIM50755 · Public lending right
  1. Authors and literary profits: contents
  2. Authors and literary profits: deductions

BIM50720 | Authors and literary profits: deductions

From HM Revenue & Customs · Business Income Manual

In computing the taxable profits of a literary profession or in computing miscellaneous literary income (see BIM100125), the allowable deductions may include the expenses of producing the literary etc works and the expenses, including agents’ commission, incurred in putting them on the market.

PreviousNext
PrivacyTerms